XJO 2.11% 7,943.2 s&p/asx 200

rhodes2ritches lipstick on a pig friday, page-7

  1. 17,444 Posts.
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    Yesterday DJIA confirmed its daily TDSEQH (DeMark sell) which suggests at least a minor pullback.

    The idea of up into expiration and then down for a few days seems to be working.

    I said 2 or 3 days but next Tuesday seems best date!

    I think we need to see how much damage is done by then.

    Below is a SPX chart with the bull/bear options.

    The 3 wave up looks corrective at first glance, meaning a rally in a bear market.

    However often bulls start that way and turn it into a higher double bottom irregular start.

    Doesn't mean it isn't due to do something to make me look stupid. I'm due :-).

 
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